NOT LISTED FOR SALE

Estimated Value: $225,000 - $641,323

0.34 Acre
$1,231,121 Price per Acre
14,810 Sq Ft Lot

Last Sold October 19, 2018

Last sale price $150,000

Est. 179% increase in value since last sale

Current estimated payment $2,522/month

273 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Oversized Lot
  • Cape Elementary School Rated A-

About This Lot

As of October 2018

Build an estate sized home on this lake front, Gulf access, triple lot with unbelievable views on Otero Lake. One turn away from the North Spreader Waterway! The lake provides unbelievable views and the cul-de-sac road provides a quiet solitude. You will be surrounded by all new waterfront estate sized houses. The ultimate Cape Coral lifestyle - waterfront living at it's finest! Call today before its too late!

Last Agent to Sell the Property

Joella Consolazio

Properties in Paradise Real Estate, LLC License #258019529 Listed on: 12/19/2017

Last Buyer's Agent

Nathan Shaw

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,087

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 120 x 125 x 120 x 125
  • Lake Front
  • West Facing Home
  • Oversized Lot
  • Property is zoned R1-W

Property Views

  • Lake Views

Utilities

  • Well
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 28 / 5248
  • Assessor Parcel Number 36-43-22-C2-05248.0280

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$2,087

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.34
  • Lot Size: 120 x 125 x 120 x 125
  • Subdivision Name: CAPE CORAL
  • Directions: While driving north on Old Burnt Store Rd, turn left on Kismet Pkwy W. Then a left on NW 43rd Ave, right on 23rd Ter, left on 44th Pl. Property with sign is on your left.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Multiple lots, Oversized Lot
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Direction Faces: West

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 36-43-22-C2-05248.0280
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2087.0
  • Tax Block: 5248
  • Tax Lot: 28
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2017
Closed on
Oct 16, 2018
Sold by
Gasparilla Investments Llc
Bought by
Fortune Andre and Fortune Melissa
Seller's Agent
Joella Consolazio
Properties in Paradise Real Estate, LLC
Buyer's Agent
Nathan Shaw
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%
Current Estimated Value
$418,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,581
Avg. Annual Appreciation
15.79%
Original Mortgage
$97,500
Outstanding Balance
$86,538
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$332,043

Purchase Details

Closed on
Jul 25, 2017
Sold by
Np
Bought by
Gasparilla Investments Llc and Pjc Investments Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fortune Andre $150,000 Palm Title Associates Inc
Gasparilla Investments Llc $78,418 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fortune Andre $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2018 10/19/18 Sold $150,000 -6.3% --
09/19/2018 09/19/18 Pending -- -- --
12/19/2017 12/19/17 For Sale $160,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,620 $140,115 -- --
2024 $3,620 $127,377 -- --
2023 $3,471 $115,797 $0 $0
2022 $2,918 $105,270 $0 $0
2021 $2,100 $95,700 $95,700 $0
2020 $2,140 $95,700 $95,700 $0
2019 $2,308 $106,700 $106,700 $0
2018 $2,600 $119,900 $119,900 $0
2017 $2,087 $114,400 $114,400 $0
2016 $2,001 $114,400 $114,400 $0
2015 $1,859 $103,400 $103,400 $0
2014 $1,630 $82,500 $82,500 $0
2013 -- $78,200 $78,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217077731

Florida Gulf Coast Multiple Listing Service

APN: 36-43-22-C2-05248.0280